Radar Companies Mobile · Cyprus
Radar · Mobile in Cyprus

Best Mobile Companies in Cyprus

The 78 best Mobile companies in Cyprus in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Pixonic.

78companies tracked
$22.9Mdisclosed funding
1unicorns
6have raised
Sources & further reading
  • Mobile penetration in 2nd world to hit 95% by 2013
  • Ireland's mobile phone usage in numbers
FLIAR INTELLIGENCE · MOBILE × CYPRUS

Our analysis of 127 Mobile companies

$17.0b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

127companies analysed
88%cloud-native stacks
2024funding peak (by rounds)
17unicorns
2018median founding year
137kcombined LinkedIn audience
50%of audience held by top 3
2companies hiring publicly (12 mo)

Ranked: Best Mobile companies in Cyprus

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Pixonic
Developer of mobile-based core genres
$6M180 mo agoAcquired2009PHPAmazon Web ServicesNginx+10
2AppMahal
Social network for app discovery through friends
$4M105 mo agoDeadpooledMona Haddad
Co-Founder & CEO
2012
3Jarvi Games
Mobile game developer focusing on core games
$4M42 mo agoSeedIhor Lysenko
Co-Founder
2021WebflowYouTubejQuery+9
4Made on Earth Games
Developer of mobile-based casual games
$3M34 mo agoSeed2021WordPressMySQLPHP+6
5Colossi Games
Mobile game developer focusing on core games
$3M64 mo agoSeedManuel Prueter
Co-Founder & CEO
2020
6Magic Square
Blockchain-based platform offering crypto-focused apps
$3M35 mo agoSeedAndrey Nayman
Chief Executive Officer
2021Node.jsGoogle Sign-inRadix UI+22
7Headway
Provider of an online platform offering AI-driven solutions for lifelong learning and professional development
2 mo agoSeries AAnton Pavlovskyi
Founder & CEO
2019Apple iCloud MailRubyAnimate.css+14
8AppQuantum
Mobile free-to-play game publisher
54 mo agoSeedPavel Maurus
Co-Founder
2017PHPUbuntuNginx+171 partnership

Top 11 Mobile companies in Cyprus

#1
Seed · Limassol, Limassol · founded 2021 · 15 employees
$3.2Mraised

Operator of a development studio intended to create immersive and engaging strategy games. The company's platform offers to expand, exterminate, explore, and encounter gaming opportunities by combining modern technologies, enabling gamers to experience high-quality art and deep creative gameplay on mobile devices across the world.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers — 3.8% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Investors
GEM Capital, The Games Fund, Raga Partners, Heracles Capital
#2
Seed · Limassol, Limassol · founded 2021 · 34 employees
$3Mraised

Blockchain-based platform offering crypto-focused apps. The platform offers all types of crypto apps including Defi, exchange, metaverse, gameFi, and NFTs. It offers use-to-earn rewards to its users for investing time in the apps.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 4.6% of this cohort's audience
Activity: 1 partnerships (incl. Tuyo, Nansen, Foxsy AI) announced in 12 mo
Founders & team
Andrey NaymanChief Executive Officer
Investors
EMURGO, Republic, KuCoin, GSR Ventures, IQ Space, Gravity Ventures
Tech stack
CloudflareCloudflare Bot ManagementCloudflare TurnstileEthersGoogle AnalyticsGoogle Sign-In
#3
Seed · Nicosia, Nicosia · founded 2021
$3.5Mraised

Mobile game developer focusing on core games. The company is developing a game named Vice Online a 3d multiplayer game where players can play with other players from around the world. The game is available on the Google Play Store.

Founders & team
Ihor LysenkoCo-FounderDmytro BurnosCo-FounderOleksandr LysenkoarviCo-Founder
Investors
The Games Fund, Play Ventures, Velo Partners
Tech stack
CloudflareGodaddyGoogle Font ApiGoogle Hosted LibrariesGoogle WorkspaceHsts
#4
Seed · Limassol, Limassol · founded 2020 · 21 employees
$3.1Mraised

Mobile game developer focusing on core games. The company is working on developing a survival game. It will specialize in action RPG.

Founders & team
Manuel PrueterCo-Founder & CEOAndrey PanfilovCo-FounderAnton PetrovCo-Founder And Cto
Investors
Play Ventures, EQT
#5
Acquired · Nicosia, Nicosia · founded 2009 · 200 employees
$6Mraised

Developer of mobile-based core genres. The company's games include War Robots a multiplayer battle game, Robinson a role-playing game, and more. The games are available on the PC and console, app store, and google play store.

Investors
Kite Ventures, TA Ventures, Ventech, AddVenture, Guard Capital, TGV
Tech stack
Amazon SesAmazon Web ServicesBunnyBunny FontsCloudflareExpress
#6
Deadpooled · Nicosia, Nicosia · founded 2012 · 12 employees
$4Mraised

Developer of mobile application software for the Arabic speaking market. The company specializes in an application for searching other mobile applications for social interaction and chat platform designed particularly for Arabic users with a localized search feature for connecting with other users.

Founders & team
Mona HaddadCo-Founder & CEOKhaled AliCo-Founder
Investors
Siraj
Tech stack
NginxGoogle CloudOpenrestyGoogle Cloud Cdn
#7
Series A · Nicosia, Nicosia · founded 2019
raised

Provider of an online platform offering AI-driven solutions for lifelong learning and professional development. It is a global technology company operating in the lifelong learning space, offering innovative learning products and connecting individuals with licensed therapists and psychiatrists. The company's mission is to revolutionize lifelong learning and provide financial flexibility to businesses through its line of credit solutions.

Founders & team
Anton PavlovskyiFounder & CEO
Investors
Bullhound Capital, Endeavor, Horizon Capital
#8
Seed · Limassol, Limassol · founded 2017 · 100 employees
raised

Mobile free-to-play game publisher. The company specializes in publishing mobile games to help developers. The games published by the company include Gold and Globlins, Idle light city, Off-road travel, and more. The games are available for iOS and Android devices.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 4.3% of this cohort's audience
Activity: 1 partnerships (incl. Finifugu Games Limited) announced in 12 mo
Founders & team
Pavel MaurusCo-FounderEvgeny MaurusCo-FounderIgor ZavaruevCo-Founder
Investors
Playrix
Tech stack
Cart FunctionalityCloudflareCloudflare Bot ManagementCore-JsDatadogFacebook Pixel
#9
Seed · Nicosia, Nicosia · founded 2020 · 3 employees
raised

Developer of gaming platform intended to make free-to-play PvP sports games. The company specializes in providing both strategy and tactics, gameplay, engaging activities, and making it fun, enabling players to spend time on their favorite game genres.

Founders & team
Evgeny LiubetskiyCEO
Investors
MGVC
Tech stack
Amazon Web ServicesBootstrapCore-JsGoogle AnalyticsGoogle WorkspaceIsotope
#10
Funding Raised · Nicosia, Nicosia · founded 2019 · 7 employees
raised

Developer of blockchain-based native smart application designed to provide messaging and crypto-wallet services. The company's app is powered by telegram API with integrated tools, artificial intelligence, blockchain, and crypto wallet, enabling users to enjoy communication and store and retrieve their digital assets.

Investors
GAINS Associates, YBB Foundation, Avisa Ventures
Tech stack
CloudflareGoogle AnalyticsHstsHttp/3JsdelivrLodash
#11
Seed · Limassol, Limassol · founded 2017 · 10 employees
raised

Developer of games and mobile game applications designed to offer fun and accessible mobile games. The company's application specializes in the casual segment and has developed games in various genres like simulation, sports, and cards, enabling users to enjoy games in diverse genres that can be accessed from mobiles.

Founders & team
Alexander LebedevFounder & CEO
Investors
MGVC

Funding & investor landscape

$22.9Mtotal disclosed funding
6companies funded
0disclosed rounds
0rounds last 90 days
Most active investors
MGVC4 rounds
GAINS Associates2 rounds
GEM Capital2 rounds
Play Ventures2 rounds
The Games Fund2 rounds
1C Company1 rounds
AddVenture1 rounds
Almaz Capital1 rounds
Alpha Capital1 rounds
AlphaGrep1 rounds

Notable founders

Andrey Nayman
Chief Executive Officer · Magic Square
Ihor Lysenko
Co-Founder · Jarvi Games
Dmytro Burnos
Co-Founder · Jarvi Games
Manuel Prueter
Co-Founder & CEO · Colossi Games
Andrey Panfilov
Co-Founder · Colossi Games
Mona Haddad
Co-Founder & CEO · AppMahal
Khaled Ali
Co-Founder · AppMahal
Anton Pavlovskyi
Founder & CEO · Headway
Pavel Maurus
Co-Founder · AppQuantum
Evgeny Maurus
Co-Founder · AppQuantum
Evgeny Liubetskiy
CEO · Square Triangle
Alexander Lebedev
Founder & CEO · AppLife
Prism market signals · Cyprus · country-scoped Prism corpus, 79,590 docs

Market landscape — 10 sub-themes by coverage

Share of Mobile coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Cyprus

How research on 5G / 6G Networks is moving in Cyprus

A read on the academic research around 5G / 6G Networks — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 100 Cyprus-affiliated papers.

research sentiment over time
201920222025
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 19% → 32% across 2019–2025.
top research entities
  • University of Cyprus61
  • Eastern Mediterranean University11
  • University of Nicosia9
  • Neapolis University Pafos6
  • Frederick University6
leading researchers
Ioannis Krikidis · Gan Zheng · Constantinos Psomas · Konstantinos Ntougias · Saeed Mohammadzadeh · Osman Kükrer · Juping Zhang · Spyros Lavdas
Breakthroughs40 · 40%
▲ 0%→45% share
5 median citations70% since 2021mostly methods-led
Breakthroughs are rising (0%→45% of field), led by Beamforming.
rising sub-themes (early→recent)
  • Beamforming2→18
  • MIMO2→13
  • Channel (broadcasting)2→5
  • Electronic engineering1→4
  • Codebook1→4
Landmark Maximum Entropy-Based Interference-Plus-Noise Covariance Matrix Reconstruction for Robust Adaptive Beamforming · 76 cites
Advancements55 · 55%
▲ 0%→51% share
7 median citations58% since 2021mostly methods-led
Advancements are rising (0%→51% of field), led by Beamforming.
rising sub-themes (early→recent)
  • Beamforming5→28
  • MIMO1→10
  • Context (archaeology)1→8
  • Wireless1→6
  • Electronic engineering1→5
Newly emergingSpectral efficiency 0→6
Landmark Low-Complexity End-to-End Performance Optimization in MIMO Full-Duplex Relay Systems · 274 cites
Concerns3 · 3%
▲ 0%→4% share
18 median citations67% since 2021mostly methods-led
Concerns are rising (0%→4% of field), led by Beamforming.
rising sub-themes (early→recent)
  • Beamforming2
  • Wireless1
  • Maximum power transfer theorem1
  • Context (archaeology)1
  • Key (lock)1
Landmark On Analyzing Beamforming Implementation in O-RAN 5G · 28 cites
RESEARCH HOTSPOTS · Cyprus

Where 5g 6g is researched across Cyprus

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Nicosia82 · +0.66
Hot · BeamformingAdvancing · Transmitter power outputOpportunity · Underlay
Famagusta11 · +0.76
Hot · AlgorithmAdvancing · Adaptive beamformerOpportunity · Noise (video)
Paphos6 · +0.60
Hot · MIMOAdvancing · Spectral efficiencyOpportunity · Beamforming

Common questions

How many Mobile companies are there in Cyprus?
Radar tracks 78 indexable Mobile companies headquartered in Cyprus that meet our profile-completeness bar.
What is the total funding raised by Mobile companies in Cyprus?
The Mobile companies in Cyprus on this list have raised a combined $22.9M in disclosed equity funding across 6 funded companies.
Which is the highest-funded Mobile company in Cyprus?
Pixonic is the highest-funded Mobile company in Cyprus, with $6M in disclosed equity funding.
How many Mobile companies in Cyprus are funded?
6 of the 78 Mobile companies in Cyprus on this list have disclosed at least one equity funding round.
How many Mobile unicorns are there in Cyprus?
1 Mobile company in Cyprus on this list is valued at $1B or more.
Who are the top investors in Cyprus Mobile companies?
The most active investors in Cyprus Mobile companies on this list include MGVC, GAINS Associates, GEM Capital, Play Ventures, The Games Fund.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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